IBT Staff Reporter

Mall owner General Growth said on Wednesday it has replaced some of its managers, in a sign that its focus has switched from exiting bankruptcy to beefing up operations.

Lifeline reported that the number of Queenslanders in financial crisis is growing and it will struggle to help them unless the state government provides extra funding.

A federal judge has dismissed a plaintiff's lawsuit against Apple Inc that accused company employees of waiting like vultures to spy on her every time she used an Apple laptop to access the Internet.

Eating together as a family during dinner time without the interruption from the television are important for the children to develop social skills and learn about nutrition, says a leading pediatrician.

Google showed off a new online store on Wednesday for consumers to purchase games, magazines and other applications through its Chrome browser, in a move to give the search giant a central role in the next generation of Web media and entertainment.

The AUD has been on a wild ride over the last 24 hours as risk aversion spurred another round of solid selling.

The United States will continue nudging China at top-level talks in Beijing next week to let its yuan currency appreciate but trade issues appeared to be higher on the U.S. agenda ahead of the sessions.

An eight year old girl with failed kidneys astounded doctors by growing two new kidneys.

The Pakistan Telecommunication Authority directed Internet service providers to block Facebook indefinitely on Wednesday because of an online competition to draw the Prophet Mohammad.

Germany stepped up its fight against speculators with a ban on some financial trades on Wednesday, triggering big market falls and wrong footing European governments that said they were not consulted.

Two lawmakers who co-chair the House Privacy Caucus asked the Federal Trade Commission if Google broke the law in collecting WiFi and other Internet data while taking photographs for its Street View product.

The release of the RBA board minutes suggested just what the market had expected and in fact had already begun pricing in – interest rates are at normal levels.

Stocks fell on Wednesday as Germany's unilateral action to ban specific trades on some stocks and bonds sparked a fresh wave of uncertainty and risk aversion among anxious investors.

General Electric Co expects to tell shareholders by the end of this year it is ready to raise its dividend as well as resume share buybacks, and return to profit growth in 2010, its CEO said.

In an exclusive for Oilprice.com, the Wayne Madsen Report (WMR) has learned from Federal Emergency Management Agency (FEMA) and U.S. Army Corps of Engineers sources that U.S. Navy submarines deployed to the Gulf of Mexico and Atlantic Ocean off the Florida coast have detected what amounts to a frozen oil blob from the oil geyser at the destroyed Deep Horizon off-shore oil rig south of Louisiana. The Navy submarines have trained video cameras on the moving blob, which remains frozen at depths of ...

Consumer prices fell for the first time in a year last month and the closely watched core inflation rate posted its smallest annual gain since 1966, pointing to a lack of price pressure as the economic recovery gathers steam.

Stocks fell on Wednesday as Germany's unilateral action to ban specific trades on some stocks and bonds sparked a fresh wave of uncertainty and risk aversion among anxious investors.

Wireless Linux group LiMo expects three major operators to offer handsets using its platform this year, to compete with news rivals Google and Apple, its executive director said. So far only Vodafone has launched a model in Europe, using its Linux-based operating system, while 60 handsets were launched using the platform, mostly in Japan and South-Korea.

One in every seven U.S. households with a mortgage ended the first quarter behind on payments or in foreclosure, although a peak in unemployment could mean repayment stress is easing, the Mortgage Bankers Association said on Wednesday.

New York's wealthy are returning to summer beach retreats in the nearby Hamptons, but the global financial crisis has subdued their tastes and left people wary of flashing cash, real estate experts say.

Deere & Co reported a stronger-than-expected quarterly profit on Wednesday, and raised its full-year outlook, citing improving business conditions including a recovery in the hard-hit market for construction equipment.

Internet gambling should be legalized and taxed in the United States to raise $42 billion in revenue over a decade and legitimize gamers who bet online, backers argued before a congressional panel on Wednesday.

Consumer prices fell for the first time in a year last month and the closely watched core inflation rate posted its smallest annual gain since 1966, pointing to a lack of price pressure as the economic recovery gathers steam.

The Federal Reserve raised its forecasts for economic growth and debated eventually selling mortgage debt, according to minutes of an April meeting that offered no hints of imminent changes in monetary policy.

General Electric Co expects to post a higher profit this year, resume share buybacks and say by the end of the year whether it will raise its dividend, its CEO said on Wednesday.

The Federal Reserve raised its forecasts for U.S. economic growth and discussed strategies for eventually selling mortgage assets at their last meeting in April, minutes of the gathering released on Wednesday showed.

The author of a sweeping Wall Street reform bill in the Senate backed away on Wednesday from a confrontation with another powerful Senate committee chairman over swaps market regulation.

Mortgage applications declined 27.1 percent last week compared to the previous week, on a seasonally adjusted basis, according to the Mortgage Bankers Association weekly survey.

Stocks fell on Wednesday as Germany's decision to ban naked short-selling of certain financial instruments fanned investor worries about exposure to riskier assets and about the global economy.